Home Savings Bank
Eden, NC — Domestic Branch of a Domestic Bank
Acquired Apr 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Home Savings Bank | All Insured Savings Banks in North Carolina |
Interest and Fees on Loans | 3,688 | 6,978 |
Income from Lease Financing Receivables | — | — |
— | 9 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 2 |
Income on Loans and Leases (TE) | 3,688 | 6,978 |
Investment Interest Income (TE) | 1,368 | 939 |
Total Interest Income (TE) | 5,198 | 8,035 |
Total Interest Expense | 2,505 | 2,895 |
Net Interest Income (TE) | 2,693 | 5,140 |
Non-Interest Income | 272 | 932 |
Adjusted Operating Income (TE) | 2,965 | 6,073 |
Non-interest Expense | 1,953 | 4,077 |
Provision for Loan & Lease Losses | 60 | 367 |
Pretax Operating Income (TE) | 952 | 1,828 |
Pretax Net Operating Income (TE) | 952 | 1,835 |
Applicable Income Taxes | 325 | 670 |
Net Operating Income | 596 | 1,118 |
Net Income | 596 | 1,118 |
Cash Dividends Declared | — | 1,045 |
Retained Earnings | 596 | 1,060 |